Question 1

Is PT Cyber Futures Forex regulated and how does it affect investor safety?

Accepted Answer

PT Cyber Futures Forex is not regulated by any recognized financial authorities, as confirmed by the lack of valid regulatory licenses and an inaccessible official website. This absence of regulatory oversight represents a significant risk to investors since it means there is no external supervision or guarantee of compliance with financial standards. Trading with an unregulated broker increases the potential for fraudulent activities, lack of accountability, and no protection for client funds, making it a high-risk choice for investors.

Question 2

What are the trading costs and minimum deposit requirements at PT Cyber Futures Forex?

Accepted Answer

PT Cyber Futures Forex offers competitive trading costs with spreads starting from as low as 0.1 pips on major currency pairs, although normal spreads for some instruments can reach up to 3 pips depending on market conditions. Specific commission details are not publicly disclosed, so traders should contact the broker directly for precise information. The minimum deposit required to open a live trading account with PT Cyber Futures Forex is USD 200, which may suit traders looking for a moderate initial investment.

Question 3

What deposit and withdrawal options are available to investors at PT Cyber Futures Forex?

Accepted Answer

Investors at PT Cyber Futures Forex can make deposits and withdrawals primarily through Local Bank payment methods. This implies the use of local banking channels such as bank transfers and online banking services tailored to the Indonesian market. However, detailed information about additional payment methods, processing times, fees, or restrictions is not publicly disclosed and traders are advised to contact the broker directly for comprehensive details to ensure convenient and suitable transaction options.

Question 4

Is PT Cyber Futures Forex beginner-friendly for new investors?

Accepted Answer

PT Cyber Futures Forex is generally not recommended for beginner investors. This is due mainly to its lack of regulation, which raises substantial trust and safety concerns. Additionally, there is a lack of transparency regarding account types, commissions, and payment methods. The broker's official website is currently non-functional, limiting access to educational resources and support which are crucial for novice traders. Therefore, beginners should consider more transparent and regulated brokers to ensure a safer and more supportive trading environment.

Question 5

What trading platforms does PT Cyber Futures Forex offer and what assets can be traded?

Accepted Answer

PT Cyber Futures Forex provides the widely recognized MetaTrader 4 (MT4) trading platform, available on Windows, iOS, and Android devices. This platform is popular for its user-friendly interface, extensive charting tools, and support for automated trading through Expert Advisors (EAs). The broker offers a diverse range of market instruments including Stock Index, Forex currency pairs, Gold and Silver, US Index, CFDs, and Oil, allowing traders to engage in multiple asset classes with flexibility.

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